Harris Corp. ratchets FY 2013 estimates down

10:20 AM,
Apr. 30, 2013

Harris RF employs roughly 2,200 in Monroe County.

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With government spending weak at best, Harris Corp. is turning its attention to something it can control - costs.

The defense contractor and parent company of one of the Rochester region's largest employers said Tuesday that by the end of June, it expects to reduce its workforce by 3 percent - including 10 percent of its executive ranks - and take a number of other cost-cutting steps to make up for fewer orders coming in for its military radios.

And for the foreseeable future, "We expect the fiscal environment to remain challenging," Harris CEO William M. Brown said during a conference call ...